5 Technological Trends for companies to take into account in 2024

The digital transformation does not end with the arrival of innovative elements

Despite the artificial intelligence (AI) revolution in 2023, the Internet of Things (IoT) has limitless applications and possibilities including globally available quantum technologies, augmented reality (AR) and virtual reality (VR) openness is no longer futuristic

But the digital transformation is far from over, it is an ongoing process and the innovations of 2024 can already be seen.

Emerging software development services are becoming a differentiator and a crucial part of business. The Deloitte firm in its ‘Tech Trends 2024’ report indicated that technological talent and the development or improvement of corporate software will be relevant in the coming years. Organizations will increasingly incorporate intuitive tools that enable workers across the enterprise to drive technological value.

This is a complex but exciting panorama that will undoubtedly impact life, society and the planet. Therefore, we present a summary of the 5 technological trends that companies should take into account in 2024.

Generative AI for automation

It’s no secret that artificial intelligence was the hero in 2023. The evolution of this technology has raised questions about the future of work, the ethics behind AI and the potential for automating everyday tasks on the job. Forbes points out that understanding its applications will mean that workers can count on a personal assistant 24 hours a day, 7 days a week for less complicated tasks.

‘Mental mental work’ such as obtaining information, scheduling, managing compliance and organizing ideas can be managed by AI; while the worker can take advantage of human skills to improve their productivity and efficiency.

In fact, the Gartner firm indicates that by 2026, more than 80% of companies will have used some generative AI application programming interface or will have implemented applications based on this custom software development services in their production environments, starting from less than the current 5%. .

Industrial metaverse

The real and the digital are increasingly intertwined, technologies such as VR and AR are making business environments break down the boundaries between the physical world and digital domains. In 2023 we saw how organizations began to implement digital twins to simulate spaces, give work instructions and collaborate in digital spaces to make factories and companies safer and more efficient.

The future looks promising, Gartner indicates that the revenue of the industrial metaverse could reach $100 billion by 2030. Industrial personnel such as workers, designers and engineers will benefit from the use of devices such as tablets or virtual reality glasses to generate immersive visualizations that replicate the company’s processes.

This is how organizations are adopting a ‘simulation first’ strategy before construction, noted the Deloitte firm. Through technologies such as VR, AR and mixed media they can determine what will work best, and even create a digital layer over reality, changing the way of working in all industries. In the end, what is generated are simplified operations, in which the systems are autonomous, workers can have greater monitoring and control of the processes, in addition to reducing the security risk in dangerous environments.

Industrial cloud platforms

Gartner predicts that by 2027, more than 50% of companies will use industrial cloud platforms to accelerate their business initiatives. Industrial clouds, unlike community clouds, offer users capabilities that are of interest to the industry. That is, they add value using technology such as industry-recognized data fabrics and composable tools.

In addition, industrial cloud platforms are adapted according to the needs of each organization. Custom software development company can adapt and streamline processes using their available structure. Likewise, they offer specific results by sector for the main strategic priorities of the vertical segment and allow the creation of unique proposals for the organization’s ecosystem of clients and partners.

Sustainable technology

The reduction of the carbon footprint and the transition to clean energy is generating new ‘green superpowers’ and redesigning the map of energy resources, indicates The Economist. This is how lithium, copper and nickel become relevant compared to oil and gas, reshaping geopolitics and trade. In this panorama, sustainable technology will continue to occupy a central place to meet net zero emissions commitments.

Technology will increase its market share with solutions to environmental problems such as the generation of green and renewable energy. Forbes predicts that the circular economy will become important in the generation and design of products, specifically in durability, recyclability and reuse. The same goes for the services and infrastructure where they are developed, organizations will prioritize reducing energy consumption and carbon emissions.

Cyber ​​resilience

Cyber ​​resilience refers to the processes that help organizations recover from cyber attacks and maintain business continuity. The importance of this approach lies in understanding that from the construction of any digital system there are already security gaps that make organizations vulnerable. Thus, these measures are designed to constantly evaluate the risk and mitigate its effects.

Hand in hand with AI and machine learning, cyber defense measures that have continuity protocols can be executed in 2024, Forbes points out. To do this, it is important to consider factors from social engineering attacks to public relations firefighting as essential elements of any cyber resilience strategy.

This strategy will become a trend in business and consumer technology, given the demands of the market. The cybersecurity firm Kaspersky warns of new exploits in mobile, portable and smart devices that will be used to form botnets, perfect supply chain attack methods and use AI for more effective phishing. Therefore, it is necessary to take advantage of innovative technologies such as AI to develop tools that protect users and companies.

Anil Kondla

Anil is an enthusiastic, self-motivated, reliable person who is a Technology evangelist. He's always been fascinated at work especially at innovation that causes benefit to the students, working professionals or the companies. Being unique and thinking Innovative is what he loves the most, supporting his thoughts he will be ahead for any change valuing social responsibility with a reprising innovation. His interest in various fields and the urge to explore, led him to find places to put himself to work and design things than just learning. Follow him on LinkedIn

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